The jackpot for the Powerball draw on Sat Aug 30, 2025, is projected to be $950 Million, with an option for a cash payout of $428.9 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Arkansas residents, the state will deduct 4.9% from your lottery earnings.
| Arkansas Powerball Jackpot/Cash Option for Sat Aug 30, 2025 |
|---|
| Draw Date | Sat Aug 30, 2025 | | Projected Jackpot | $950,000,000 | | Cash Value | $428,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $428,900,000 | | Federal Tax(24%) | $102,936,000 | | Additional Federal Tax | $55,717,330 | | State Tax(4.9%) | $21,016,100 | | Net Lumpsum Payment | $249,230,570 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$14,298,450 |
$5,250,757
$700,624 |
$8,347,069 |
| 2 |
$15,013,800 |
$5,515,436
$735,676 |
$8,762,688 |
| 3 |
$15,764,300 |
$5,793,121
$772,451 |
$9,198,728 |
| 4 |
$16,552,800 |
$6,084,866
$811,087 |
$9,656,847 |
| 5 |
$17,380,250 |
$6,391,023
$851,632 |
$10,137,595 |
| 6 |
$18,249,500 |
$6,712,645
$894,226 |
$10,642,629 |
| 7 |
$19,161,500 |
$7,050,085
$938,914 |
$11,172,501 |
| 8 |
$20,120,050 |
$7,404,749
$985,882 |
$11,729,419 |
| 9 |
$21,126,100 |
$7,776,987
$1,035,179 |
$12,313,934 |
| 10 |
$22,182,500 |
$8,167,855
$1,086,943 |
$12,927,702 |
| 11 |
$23,291,150 |
$8,578,056
$1,141,266 |
$13,571,828 |
| 12 |
$24,455,850 |
$9,008,995
$1,198,337 |
$14,248,518 |
| 13 |
$25,678,500 |
$9,461,375
$1,258,247 |
$14,958,878 |
| 14 |
$26,962,900 |
$9,936,603
$1,321,182 |
$15,705,115 |
| 15 |
$28,310,950 |
$10,435,382
$1,387,237 |
$16,488,331 |
| 16 |
$29,726,450 |
$10,959,117
$1,456,596 |
$17,310,737 |
| 17 |
$31,212,250 |
$11,508,863
$1,529,400 |
$18,173,987 |
| 18 |
$32,773,100 |
$12,086,377
$1,605,882 |
$19,080,841 |
| 19 |
$34,411,850 |
$12,692,715
$1,686,181 |
$20,032,954 |
| 20 |
$36,132,300 |
$13,329,281
$1,770,483 |
$21,032,536 |
| 21 |
$37,939,200 |
$13,997,834
$1,859,021 |
$22,082,345 |
| 22 |
$39,836,350 |
$14,699,780
$1,951,981 |
$23,184,589 |
| 23 |
$41,827,550 |
$15,436,524
$2,049,550 |
$24,341,476 |
| 24 |
$43,919,450 |
$16,210,527
$2,152,053 |
$25,556,870 |
| 25 |
$46,114,900 |
$17,022,843
$2,259,630 |
$26,832,427 |
| 26 |
$48,421,500 |
$17,876,285
$2,372,654 |
$28,172,561 |
| 27 |
$50,842,100 |
$18,771,907
$2,491,263 |
$29,578,930 |
| 28 |
$53,384,300 |
$19,712,521
$2,615,831 |
$31,055,948 |
| 29 |
$56,053,800 |
$20,700,236
$2,746,636 |
$32,606,928 |
| 30 |
$58,856,300 |
$21,737,161
$2,883,959 |
$34,235,180 |
|
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